Plan Ledger DOL Form 5500 · updated monthly

Lbc Houston L.P.401(k)

LBC INVESTMENT AND RETIREMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.48%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Lbc Houston L.P. reported $224,323 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $10,351 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.42% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,040th-largest of 5,688 plans among Texas employers on file, and the 378th of 2,677 in transportation & warehousing. In 2024, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,944,688
Participants with balances293
Active participants245
Employer contributions$2,535,957
Employee contributions$2,832,863
Employer contribution per active participant$10,351
Average account balance$173,873
Benefits paid to participants$3,314,292
Plan auditUnmodified (clean) audit opinion
AuditorHARPER AND PEARSON COMPANY PC
Plan history3
Yearassets · accounts · employer contribution
2024$50.9M · 293 accts · $2.5M emplr
2023$43.3M · 296 accts · $2.5M emplr
2022$37.1M · 269 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$224,323
Total administrative$224,323
The Lbc Houston L.P. 401(k) match · 2024
Employer contribution per active participant$10,351
Median for plans this size$2,416
2024$10,351 per active participant
2023$10,167 per active participant
2022$9,137 per active participant

Lbc Houston L.P.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
MILLIMAN, INC. · Recordkeeping · Pension consulting$130,497
WELLS FARGO ADVISORS · Investment advisory (plan)$78,827
HARPER & PEARSON · Custodial (securities) · Trustee (directed)$15,000
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee (directed)indirect comp
CHARLES SCHWAB & CO., INC. · Custodial (securities) · Trustee (directed)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Milliman
2023Milliman

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$224,323 · 0.48%
2023$188,967 · 0.47%
2022$179,815 · 0.42%
Same employer
Similar plansTransportation & Warehousing · Texas
Greyhound Lines, Inc. TX$55.4M · 0.23%
Omni Logistics, LLC TX$50.6M · 0.42%
Mv Transportation, Inc. TX$41.2M · 0.70%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 741920179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.